Multiple Choice
A good is produced by a firm in 2007,added to the firm's inventory in 2007,and sold to a household in 2008.As a result,on net,
A) 2007 GDP increased and 2008 GDP decreased.
B) 2007 GDP decreased and 2008 GDP increased.
C) 2007 GDP did not change and 2008 GDP increased.
D) 2007 GDP increased and 2008 GDP did not change.
Correct Answer:
Verified
Correct Answer:
Verified
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